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Your morning briefing

Good morning readers and welcome to our round-up of what’s making news and the must-reads today.

A deep electoral division has been exposed over Prime Minister Malcolm Turnbull’s commitment to honouring the Paris target.
A deep electoral division has been exposed over Prime Minister Malcolm Turnbull’s commitment to honouring the Paris target.

Good morning, here are the five stories you need to face the day, and it will only take you two minutes.

Top stories

Former Trump campaign manager Paul Manafort was taken into custody early today on charges that he laundered more than $US18 million in funds from his work for a pro-Russia party in Ukraine through offshore accounts. In a separate plea deal announced in unsealed court documents this morning, George Papadopoulos, a foreign-policy adviser to the Trump campaign, admitted to lying to the Federal Bureau of Investigation about his contacts with a professor connected to Russian government officials.

Paul Manafort Turns Himself In

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One in two Australians believes that the Paris accord on climate change should be dumped if breaking the agreement delivered cheaper domestic power prices, exposing a deep electoral division over Prime Minister Malcolm Turnbull’s commitment to honouring the target. The apparent weakening of support for the international agreement as a policy priority over affordable power also comes as Queensland heads to a November 25 election in which energy is likely to become a key cost-of-living issue.

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Netflix has announced it will cancel hit drama House of cards amid revelations the show’s star, Oscar-winner Kevin Spacey, tried to seduce a 14-year-old in the mid-1980s. Variety reports that Netflix will end the political drama in 2018 after its sixth season. Spacey’s statement of regret after being accused of trying to seduce former child actor Anthony Rapp has kicked up a backlash. “I’m sorry, Mr. Spacey, but your application to join the gay community at this time has been denied,” wrote “Savage Love” writer Dan Savage on Twitter.

Kevin Spacey’s world is collapsing like a <i>House of Cards </i>after his apology to former child actor Anthony Rapp, inset, who claims the Oscar-winner tried to seduce him at a party when he was 14.
Kevin Spacey’s world is collapsing like a House of Cards after his apology to former child actor Anthony Rapp, inset, who claims the Oscar-winner tried to seduce him at a party when he was 14.

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In business

Scott Morrison will resist a renewed push for a royal commission into the banking sector after the High Court decision to disqualify former deputy prime minister Barnaby Joyce shaved down the government’s wafer-thin parliamentary majority. In the wake of last week’s ousting of Mr Joyce, a Nationals MP, concern is building among investors that the government may be forced to hold a royal commission into the sector, with Commonwealth Bank regarded as the most vulnerable. Shares in CBA have fallen 1.1 per cent since Friday, and rivals ANZ, National Australia Bank and Westpac also lost ground despite a rising market.

Treasurer Scott Morrison speaking to Ticky Fullerton in the new Sky News Business studios at News Corp in Surry Hills yesterday. Picture: Hollie Adams
Treasurer Scott Morrison speaking to Ticky Fullerton in the new Sky News Business studios at News Corp in Surry Hills yesterday. Picture: Hollie Adams

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In sport

There’s more ammo for the pink ball sceptics, writes Peter Lalor. While Australia’s Test players are warming to the idea of day-night Tests there remains an air of scepticism about the behaviour of the pink ball which the first round of Sheffield Shield did little to dispel. Getting a bead on the ball and its peculiarities is difficult, however, with bowlers unimpressed as a rule and batsmen equally, if not more, suspicious of it.

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Rod Clement’s view
Rod Clement’s view

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Key analysis

Nick Cater takes aim at Julia Gillard’s higher education revolution that was more like a whimper, trading excellence for degree factories that cleave to dogma of inclusion.

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Comment of the day

“Mueller is very disciplined. This is only the start. The plea bargaining will be very brisk right now.”

Patricia on the Manafort bombshell.

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Tech Tuesday

Telstra TV 2.0 is better than the original but there’s room for more fun, writes Chris Griffith.

Jason Gagliardi

Jason Gagliardi is the engagement editor and a columnist at The Australian, who got his start at The Courier-Mail in Brisbane. He was based for 25 years in Hong Kong and Bangkok. His work has been featured in publications including Time, the Sunday Telegraph Magazine (UK), Colors, Playboy, Sports Illustrated, Harpers Bazaar and Roads & Kingdoms, and his travel writing won Best Asean Travel Article twice at the ASEANTA Awards.

Original URL: https://www.theaustralian.com.au/products/your-morning-briefing/news-story/417eb893bdf0f4d49670a1847a1e6ad1